How to Buy Banklife (LIB)

A Step-by-Step-Guide on how to buy Banklife (LIB)

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your first 10 Dollar.

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Banklife (LIB) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find (LIB) Banklife

Once your deposit has been verified, you will instantly have access to your finances and you can launch purchasing and trading. To invest in (LIB) Banklife on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to find (LIB) Banklife, you'll need to put the shortname of the coin (LIB) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we've marked this too. Click on “LIB/BTC” to proceed.

How to buy Coin on Binance 1 Banklife (LIB)
Step 4 – Purchase Banklife (LIB)

After you've found (LIB) Banklife, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff (LIB) Banklife was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LIB you wish to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole volumen of LIB.

If you're happy, click on “Buy LIB”. Your plan will be filled when a Vender sells their LIB for the price you introduced.

Step 5 – Withdraw Banklife (LIB)

Unless you're frequently trading, you should never keepyour crypto on an Crypto Trader for an extensive time period. To withdraw your Banklife (LIB), hover over the tab called “Funds” and click on “Withdraw”. Banklife (LIB) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Banklife (LIB) by using the given drop-down box. Put into the volumen of Banklife (LIB) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.

Kudos! You have successfully bought and safed Banklife (LIB).

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Banklife (LIB) is stored inside your wallet, you are all done.